LHD RFP Response PAGE 22 3c. Do you prepare your clients Form 5500 filings on their behalf and at what cost? 3d. What is your approach to ensure that your clients are in compliance with all applicable regulations (ERISA, HIPAA, COBRA, ACA, etc.)? Annual and ongoing compliance activities LHD will provide include: Review of insurance carrier plan documents, benefit booklets, SBC’s and benefit summaries to ensure accuracy and compliance. Collection of plan Schedule A information and preparation of form 5500 filings Support of ACA Section 6055/6056 reporting Calculate PCORI fee and assist with filing Form 720 Drafting/updates to Wrap Documents and/or Summary Plan Descriptions Preparation of required employee-facing compliance notices, such as Medicare Part D Creditable Coverage Notification, CHIP, etc. LHD clients have access to national compliance specialists and resources that provide timely updates and explanations, revisions, and requirements for both State and Federal regulations. We also provide the following tools as part of our engagement: Compliance Alerts – LHD email communication regarding timely compliance or regulatory changes. Our teams follow these emails with personal connections to answer questions and provide guidance. Compliance Dashboard – Online system that organizes and catalogues required compliance activities to ensure they are completed on time. Mineral – Expert advice and answers to complex HR questions. We find that this service reduces clients’ needs to engage counsel, or better prepares them for conversations with counsel. Monthly UBA Webinars - Through our affiliation with UBA, monthly webinars are offered at no cost. Powered by labor lawyers Fisher Phillips, the Employer Webinar series allows our client to stay on top of benefits and compliance laws while also earning Continuing Education credits. Zywave – LHD has partnered with Zywave to gain access to thousands of health and welfare materials written, edited, and updated by legal and compliance experts. In addition to the HR, Education, Wellness, and Employee Communication packages, we also have access to the State and Federal Compliance package with trusted compliance guidance on everything relating to ERISA, DOL, ACA, FMLA and COBRA. • • • • • • • • • • •